Merkley Statement on 2015 Spending Bill

WASHINGTON — Oregon’s Senator Jeff Merkley released the following statement after the Senate voted on passage of the 2015 spending bill.

“Tonight the Senate voted on final passage of the 2015 spending bill. While there are many positive aspects of the bill, I voted ‘no’ because of my deep opposition to a provision that puts the Wall Street Casino back in business.

“This provision allows big Wall Street banks to get back in the business of making risky and exotic bets with government backing. These bets have no place inside a bank, putting our financial system at risk. And they certainly don’t merit government backing.

“Just six years ago, these types of bets melted down our entire economy with great losses in jobs and savings for middle-class Americans. We must not allow this to happen again. We can and must do better.”